Main expenses that a seller must assume when selling his property:

1. Municipal Capital Gains Tax (Plusvalía Municipal) 

What it is: The Tax on the Increase in Value of Urban Land (IIVTNU), better known as ‘Plusvalía Municipal’. 

Who pays it: It is payable by the seller, unless the parties agree otherwise in the contract. 

How it is calculated: It is based on the cadastral value of the land and the length of time the seller has owned the property.

2. Capital Gains Tax (IRPF) 

What: Tax on the profit made on the sale (difference between the purchase price and the sale price). 

Residents: They include this gain in their income tax return.

Taxation is progressive: 
Up to €6,000: 19%.
From 6.001 € to 50.000 €: 21%. 
More than €50,000: 23%. 

Non-residents: They pay a fixed withholding tax of 19% on the capital gain, declared by means of form 210.

The buyer retains 3% of the sale price as an advance payment of the tax.

3. Cancellation of mortgage (if applicable)

What: If the property has an outstanding mortgage, it must be cancelled before or during the sale.

Associated costs:o Cancellation fee (varies by bank).o Notary and registry fees for cancellation (approximately €400 to €1,000).

4. Energy Efficiency Certificate 

What it is: Mandatory document that indicates the energy efficiency of the property. This certificate is compulsory for the sale or rental of properties, according to Royal Decree 235/2013. This certificate must be carried out by a qualified technician, such as architects, technical architects or engineers specialised in energy efficiency.

Approximate cost: Between €60 and €150, depending on the size of the property and location.

5. Certificate of zero debt of the community of owners 

What it is: Document that certifies that you have no outstanding debts with the residents' association.

Who issues it: The administrator or president of the community. 

Cost: Generally free, but there may be administrative charges.

6. Real estate agency fees 

What it is: Commission for the real estate agency's intermediary services.

Usual cost: Between 3% and 6% of the sale price plus VAT, depending on the province, town or area.

For further information please do not hesitate to contact us.